Onyx CenterSource Partner Content

Onyx CenterSource Partner Content

Onyx CenterSource is a leading global provider of B2B payments and business intelligence solutions to the hospitality industry. The company strives to build long-lasting relationships with its partners and is passionate about providing quality customer service, consultative insight and cost-effective solutions. Created in 2013, the company facilitates in excess of $2 billion in payments annually, partnering with more than 150,000 hotel properties and 200,000 travel booking providers in 160 countries. In addition to its headquarters in Dallas, Onyx CenterSource has regional hubs in Seville, Spain; Tønsberg, Norway; Manila, Philippines; and Mexico City, Mexico.

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Hotels

How Commission Delays Can Cost Hotels Market Share and Future Agency Partnerships

New tracking tools are ushering in a new era of hotel-agency transparency. Lags in commission payments may determine whether hotel properties rise to the top of corporate booking tools and preferred supplier lists — critical channels for hotels in an uncertain economic environment when leisure travel is volatile.
Onyx CenterSource + Skift |
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Hotels

Unlocking Hotel Profits: How a Property’s DNA Impacts GDS Bookings

Billions of dollars in hotel bookings flow through the global distribution systems (GDS) every year. Numerous hotel attributes affect how a property is best positioned to win reservations and how agencies can maximize their commissions through these channels. Here’s an inside look at what both these parties on either side of the hotel transaction should consider.
Onyx CenterSource + Skift |
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Hotels

How GDS Commission Shares Impact Global Hotel and Agency Revenue 

Part one of this two-part series explores the global landscape for GDS commission shares, which represent tens of millions of dollars in revenue for travel management companies and agencies. A better understanding of gaps by region, country, and hotel class can lead to competitive advantages in global distribution.
Onyx CenterSource + Skift |
Sponsored
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Hotels

How Commission Yields Affect Hotel Profits: A European Case Study

In the competitive hotel market, commission yields quietly shape profits, and small percentage shifts can mean big revenue swings. In Europe, higher proportions of independent hotels and third-party booking transactions require nuanced strategy and sharp data analysis for optimizing revenue from hotel room sales.
Onyx CenterSource + Skift |
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Hotels

How Data Quality Issues Impact Global Hospitality Operations

There are wide discrepancies in data quality for hotel transactions across global regions, with the largest occurring in Asia-Pacific. Because hotels and agencies need to harness data quality to thrive, they must take a more nuanced regional approach to monitoring potential issues.
Onyx CenterSource + Skift |
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Hotels

How Hotels Can Clear Year-End Commission Backlogs

Outstanding payments for hotel commissions tend to peak in the fourth quarter — just as the travel business hits its most volatile period. Using analytics and strategies that allow commissions to be paid as quickly as possible can help hotels avoid year-end backlogs, simplify their financial reporting, and improve relationships with their partners.
Onyx CenterSource + Skift |
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